Emini-Watch.com is a website dedicated to Emini trading and my name is Barry Taylor.
I’m not a trading Guru and I haven’t discovered the Holy Grail. I’m just a regular guy who makes a living trading Emini futures and this website shows what works for me.
To be honest this website has become a personal obsession – I’ve been posting videos, articles, charts and more virtually every day since 2006. And that activity – more than anything else – has transformed my trading to where I now trade full-time for a living.
Update: On 15 November 2011 Emini-Watch.com had it’s 1 millionth visit.
“… Your stuff is dynamite” Benjamin S.
“… Your work is inspirational” Peter S.
“… Best market commentary online” Darryl S.
“… Blows away every other so-called expert on the Internet” Richard T.
I started trading stocks in 1995, then moved on to small caps, options, warrants, commodities, forex, etc. – a progression you might be familiar with too. And along the way I did OK – had some big wins, had some big losses – but never gave up. I just love trading and watching markets.
It wasn’t until I started trading the Emini that I really started to find my groove. By 2004 I was focussed exclusively on trading the Emini – first purely systematically, then discretionary swing trading and finally discretionary day trading. By 2009 I was able to give up my day job (freelance consultant) and trade full-time for a living.
Along the way I’ve learned a few things:
- Traditional technical analysis techniques (like MACD, Fibonacci and Candlestick patterns) are little more than a 50:50 proposition – but there is a better way.
- Price alone cannot be used to predict price – price is a function of demand & supply; demand & supply are a function of volume; so volume analysis is critical.
- Markets turn with a repeatable pattern – climactic volume, price exhaustion & Professional activity then less volume, price testing & Amateur mistakes.
- Less is more – use the minimum number of indicators; simple but effective indicators are best; over-optimization will always kill a trading system.
- I believe in hard work – if you’re not willing to work hard at trading you will fail; I have no time for slackers … so don’t come to me if you’re too lazy to work at it.
The Emini-Watch.com methodology consists of 3 non-correlated indicators, the ‘Better’ indicators – one measures Price, another buying/selling Volume and the third Average Trade Size. If you’d like to learn more then start here: How to Day Trade.
If you ever wanted to trade for a living, this website can help you. Check out the Testimonials – there are plenty of people who have or are making the transition and attribute some of their success to Emini-Watch.com.
Lastly, I still don’t have all the answers and continue to take my fair share of losing trades – this website tracks my successes, my failures and is a record of how the methodology is evolving. Good luck with your trading.
